initial public offerings (IPOs) trading on American exchanges

Thursday, October 31, 2013

Brixmor Property Group (BRX) began trading on the NYSE on 30 October 2013

Brixmor Property Group, the nation's largest owned portfolio of grocery community shopping centers, visited the NYSE to celebrate the company’s completion of its IPO and first day of trading under the ticker symbol “BRX.” To highlight this important milestone, CEO Michael Carroll, joined by members of Brixmor Property Group’s leadership team, rang the NYSE Opening Bell.


Brixmor Property Group Inc. (Brixmor), is a internally-managed real estate investment trust (REIT) that owns and operates the wholly owned portfolio of grocery-anchored community and neighborhood shopping centers in the United States. As of June 30, 2013, its portfolio consists of 522 shopping centers totaling approximately 87 million square feet of gross leasable area (GLA). 521 of these shopping centers are 100% owned. Its four tenants by annualized base rent (ABR) are The Kroger Co. (Kroger), The TJX Companies, Inc. (TJX Companies), Publix Super Markets, Inc. (Publix) and Wal-Mart Stores, Inc. (Walmart). The Company derives its revenues primarily from rents (including percentage rents based on tenants’ sales levels) and expense reimbursements due to the Company from tenants under existing leases at each of its properties.


7th Floor, 420 Lexington Avenu
NEW YORK, NY 10170
United States
Website links

Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-19.47%-13.66%
Operating margin15.35%20.50%
EBITD margin-65.40%
Return on average assets-2.35%-1.57%
Return on average equity-9.99%-6.49%

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